International trade國際貿(mào)易

International trade國際貿(mào)易

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時(shí)間:2019-06-07

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1、Internationaltrade國際貿(mào)易istheexchangeofgoodsorservicesbetweenmanycountriesImport進(jìn)口isthepurchaseofagoodorservicemadeoverseasExport出口isthesaleofagoodorservicemadeathomeAbsoluteadvantage絕對優(yōu)勢Eachcountrywillbenefitfromspecializationinthosecommoditiesinwhichithasanabsoluteadvantage,(i.e.,beingabletoproduc

2、eatalowerrealcostthananothercountry),exportingthemandimportingothercommoditieswhichitproducesatahigherrealcostthananothercountryComparativeadvantageTradewillbenefitbothnationsprovidedonlythattheirrelativecosts,thatis,theratiosoftheirrealcostsmeasuredbylabor-houroranothercommodity,aredifferentfortw

3、oormorecommodities.Inshort,tradedependsondifferencesincomparativecostoropportunitycost,andonenationcanprofitablytradewithanothereventhoughitsrealcostsarehigherorlowerineverycommodity.BenefitsofInternationalTradeWidermarketwiththeincreasingnumberoftradingpartnersGrowthofeconomyCheapergoodsGreatvari

4、etywithgoodscomingfrommorecountriesReasonsfortraderestrictionsPurepoliticalreasonsThereisaninfantindustryargumentwhichmaintainsthatanewindustryneedstobeprotecteduntilthelaborforceistrained,theproductiontechniquesaremasteredandtheoperationbecomeslargeenoughtoenjoytheeconomiesofscaleandtobeabletocom

5、peteinthemarket.Manycountrieswantadiversifiedeconomytobelessdependentonforeigncountriesbotheconomicallyandpolitically.Inaddition,itiscrucialforcountriestoprotecttheirvitalindustries,whicharestrategicallyrelatedtostabilityandeconomicdevelopment.Domesticjobsneedtobeprotectedfromcheapforeignlabor.Imp

6、osingrestrictionsonimportisaimingtomaintainabalanceoftradeandbalanceofpayments.Protectionisneededwhenforeignfirmsreceivesubsidiesandgovernmentbenefitsandsellgoodsabroadatbelow-costpricetocaptureamarket.Tariffisadutyorfeeleviedongoodsbeingimportedintoacountry.Anti-dumpingdutyiscollectedwhenimportin

7、gcountrybelievesthatthereisadumping(onecountrysellsthegoodsinanothercountryatalowerprice,whichisbelowdomesticsellingprice,worldmarketprice,orproductioncost.)Foreignexchangecontrolmeansvariousformsofrestrictionimp

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